BREAKING
- The US continues to dismantle state crypto regulation. The crypto enforcement unit NCET and the DeFi Broker Rule are being scrapped.
MORE
- Paul Atkins takes over as head of the SEC. He is considered extremely bullish on the future of the crypto industry and the crypto market.
- The US central bank, the Fed, is discarding its previous crypto guidelines, giving commercial banks more latitude, which could drive strong market growth.
- Ripple is acquiring financial services provider Hidden Road, aiming to benefit from the growth of institutional DeFi.
- Mastercard introduces end-to-end functionality for stablecoin transactions.
- 72 crypto ETFs are awaiting SEC approval. Solana, Doge, XRP and Litecoin are among the filings.
- Visa joins the stablecoin consortium of Paxos and Robinhood.
- The UK announces a draft framework for the crypto industry and is promoting closer cooperation with the US.
- DTCC announces a new platform for real-time token-based collateral management.
- BlackRock identifies Bitcoin as a threat to the US dollar and its role as the world's reserve currency. CEO Fink expects blockchain to bring innovation to the financial industry.
- According to market analyst Arthur Hayes, Bitcoin is preparing for a price surge. It could rise to $250,000 as early as this year on the back of international inflation.
SPEAKERS' CORNER
- In recent weeks, turbulence in financial markets led to an outright buyers' strike, pushing numerous assets to new lows.
- All the more encouraging, then, that during this correction phase — up to the low on April 7 — we saw no outflows at all in our Web3 special fund 21 Oaks Blockchain Horizon and only minimal outflows in our retail fund, the Bankhaus Bauer x 21 Oaks AI & Blockchain Innovation Fund.
- Since April 7, we have again observed markedly increasing inflows in both funds.
- We find it particularly encouraging that a) investors are now taking a closer look at digital assets and b) increasingly recognize the long-term potential of this new asset class.
Translated from the German original, which is the authoritative version. Read the German version
